BNY Mellon hires payments and trade head for Asia

The Bank of New York Mellon poaches Richard Brown from Bank of America to head its Asian payments and trade services business.

Bank of New York Mellon has appointed Richard Brown as managing director and head of international payments and trade services for Asia, with India, China, Korea and Japan highlighted as key growth markets.

Brown joins from Bank of America, where, as a senior Asia-Pacific business executive, he managed global treasury services in Asia.

In his new role, he will be responsible for managing and building BNY Mellon's delivery of payment and trade services, including trade outsourcing, US dollar clearing and...